What We Read Today 21 September 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary “reading list” which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for “reading list” items are gratefully reviewed, although sometimes space limits the number included.

• How colleges can screw up your career (Amy Langfield, CNBC) Hat tip to Marvin Clark. Thousands of college “graduates” are not and in some cases they may not even be aware. In other cases individuals presume to overlook that they are a few credits (or even a single fee) short of holding a degree listed on their resume. The problem is compounded by poor record keeping by colleges.

• Alibaba surges 38 pct on massive demand in market debut (Liana B. Baker, Jessica Toonkel and Ryan Vlastelica, Reuters) In case you have been sleeping for two days and missed the story, Alibaba just completed the largest IPO in history. Read more on this ‘behind the wall’.

• Recent article about Scotland Independence Vote :

Violence Begins in Glasgow (Martin Armstrong, Armstrong Economics)

Scotland vote just the start of a rough ride for U.K. (Don Murray, CBC News)

Alex Salmond accuses UK party leaders of tricking Scotland into No vote (Severin Carrell, The Guardian)

Secessionist movements learn lessons from Scotland vote (Alan Gomez, USA Today)

• Articles about wars elsewhere in the world:

Ebola outbreak: How Liberia lost its handshake (BBC News)

Al Shabaab’s economic strategy is dipping into new wealth, making it more dangerous (Hiiraan Online)

Kenya to stay course in quest to stabilise Somalia – President (Reuters)

Boko Haram kills ‘dozens’ in attack on Nigerian market (BBC News)

Egypt to host Gaza talks between Palestinian factions (The Guardian)

ISIS takes over Syria Kurdish villages as thousands flee to Turkey (CBC News)

Syria crisis: 66,000 flee Islamic State into Turkey (BBC News)

Iraq: Baghdad rally held against US ‘occupiers’ (euronews)

Ukraine crisis: Thousands march in Moscow anti-war rally (BBC News)

Ukraine: rebels and government troops to retreat following peace deal (The Telegraph)

Putin ‘privately threatened to invade Poland, Romania and the Baltic states’ (The Telegraph) Conversation was with Pres. Petro Poroschenko and reported to the paper by the Ukraine head of state.

There are 14 articles discussed today ‘behind the wall’.

NOTE: Today there are four articles which discuss the Fed Reverse Repo policy, about to become the primary Fed Funds rate control tool. A very brief Econintersect commentary has been added.

Do not miss “Other Economics and Business Items of Note“, the final section every day.

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